Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy Platform is designed to offer shippers and brokers near real-time visibility, exceptional on-time performance and competitive rates, allowing them to...
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the industry, as The Wall Street Journal (WSJ) noted in a report Monday (Jan. 29). Among the companies cutting jobs this...
Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500 workers – in a bid to regain its momentum after a dip in shipping demand, The Wall Street Journal (WSJ)...
The World Bank isn’t banking on the world’s economy getting much better. At least in the near term. In its semiannual Global Economic Prospects report, the 189-member international financial institution warned that the 2020s are shaping up to be a “decade of wasted opportunity,” with...
December 13, 2022
Freight and shipping have been through the wringer after supply chain snags. Routable CEO Omri Mor and Flexport Chief Financial Officer Kenny Wagers told Karen Webster that there’s a silver lining of sorts. At a high level, the pain points and snarls of the past few years have changed the willingness on the part of […]
June 03, 2024
Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the country, Flexport said in a Monday (June 3) press release. “With today’s launch, brokers using the Convoy Platform will be able to level up their operations and focus on strengthening […]
February 22, 2024
Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy Platform is designed to offer...
January 29, 2024
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the industry, as The Wall Street...
January 28, 2024
Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500 workers – in a bid...
